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An Introduction to the Law of Corporations: Cases and Materials, Fall 2017
Section 2

The Delaware General Corporation Law

Section Contents
2.1
Introduction to the DGCL
Text
2.2
Formation
2.2.1
The beginnings of incorporation
Text
2.2.2
DGCL Sec. 101 - Formation
Text
2.2.3
DGCL Sec. 102 - Contents of Certificate of Incorporation
Text
2.2.4
DGCL Sec. 103 - Filing requirements
Text
2.2.5
Amendment of Certificate of Incorporation
2.2.5.1
DGCL Sec. 242 - Amendments to Certificate
Text
2.2.5.2
DGCL Sec. 245 - Restating the Certificate
Text
2.2.6
DGCL Sec. 107 - Powers of Incorporators
Text
2.2.7
DGCL Sec. 108 - Organization Meeting
Text
2.2.8
Doctrine of Preincorporation Adoption
Text
2.2.9
Piercing the Corporate Veil
2.2.9.1
Walkovszky v. Carlton
18 N.Y.2d 414
1966
Case
2.2.9.2
Kinney Shoe Corp. v. Polan
939 F. 2d 209
1991
Case
2.2.9.3
Fletcher v. Atex Inc.
68 F. 3d 1451
1995
Case
2.2.9.4
First Amendment, the Corporation, and "Reverse Veil Piercing"
Text
2.3
Corporate Powers
2.3.1
DGCL Sec. 121 - General Powers
Text
2.3.2
DGCL Sec. 122 - Specific Powers
Text
2.3.3
Theodora Holding Corporation v. Henderson
257 A. 2d 398
1969
Case
2.3.4
DGCL Sec. 123 - Ownership of securities
Text
2.3.5
Public Benefit Corporations
2.3.5.1
DGCL Sec. 361 - 368 [Public Benefit Corporations]
Text
2.3.6
Formation Assignment
Text
2.4
Bylaws
2.4.1
DGCL Sec. 109 - Bylaws
Text
2.4.2
Boilermakers Local 154 Retirement Fund V. Chevron Corporation
Del: Court of Chancery 2013
2013
Case
2.4.3
Proxy Access and Expense Bylaws
2.4.3.1
DGCL Sec. 112 - Proxy Access Bylaw
Text
2.4.3.2
DGCL Sec. 113 - Proxy Expense Bylaw
Text
2.5
Board of Directors
2.5.1
DGCL Sec. 223 - Director vacanies
Text
2.5.2
DGCL Sec. 141 - Board of directors
Text
2.5.3
The Nature of the Board of Directors
Text
2.5.4
Shlensky v. Wrigley
237 NE 2d 776
1968
Case
2.5.5
Aronson v. Lewis
473 A.2d 805
1984
Case
2.5.6
Gagliardi v. TriFoods Intern. Inc.
683 A. 2d 1049
1996
Case
2.5.7
DGCL Sec. 145 - Indemnification of Directors and Other Agents
Text
2.6
Stock and Dividends
2.6.1
DGCL Sec. 151 - Classes and series of stock
Text
2.6.2
DGCL Sec. 157 - Rights and options
Text
2.6.3
DGCL Sec. 160 - Corporate ownership of its own stock
Text
2.6.4
DGCL Sec. 161 - Issuance of stock
Text
2.6.5
DGCL Sec. 170 - Dividends
Text
2.6.6
DGCL Sec. 202 - Restrictions on transfer of stock
Text
2.6.7
Henry v. Phixios Holdings
2017
Case
2.6.8
DGCL Sec. 203 - State anti-takeover legislation
Text
2.7
Stockholder Meetings and Voting for Directors
2.7.1
DGCL Sec. 211 - Stockholder meetings
Text
2.7.2
DGCL. Sec. 228 - Action by written consent
Text
2.7.3
DGCL Sec. 212 - Stockholder voting rights
Text
2.7.4
Stock with Multiple Voting Classes
Text
2.7.5
DGCL Sec. 213 - Record dates
Text
2.7.6
DGCL Sec. 222 - Notice of meetings
Text
2.7.7
Who Gets to Vote - 219 and Lists of Record Shareholders
2.7.7.1
DGCL Sec. 219 - Stockholder lists
Text
2.7.7.2
In re Appraisal of Dell Inc.
2015
Case
2.7.8
DGCL Sec. 216 - Quorum and required votes
Text
2.7.9
DGCL Sec. 214 - Cumulative voting option for directors
Text
2.7.10
Shareholder Proposals
2.7.10.1
14a-8 Shareholder Proposals
Text
2.7.10.2
Lovenheim v. Iroquois Brands Ltd.
618 F. Supp. 554
1985
Case
2.7.10.3
CA INC. v. AFSCME Employees Pension Plan
953 A. 2d 227
2008
Case
2.7.10.4
Bylaw Amendments and Shareholder Proposals
2.7.10.4.1
DGCL Sec. 113 - Expense reimbursement
Text
2.7.10.5
Say on Pay Vote [Frank-Dodd, Sec 951]
Text